Jeff Campbell
03-19-2012, 04:50 PM
<div class='os_post_top_link'><a href='http://www.macobserver.com/tmo/article/analyst_apple_dividend_makes_good_sense/?utm_source=macobserver&utm_medium=rss&utm_campaign=rss_everything' target='_blank'>http://www.macobserver.com/tmo/arti...=rss_everything</a><br /><br /></div><p><em>"Apple announced it a shareholder dividend and stock buyback program on Monday, and Sterne Agee analyst Shaw Wu thinks the plan is a good idea. Company CEO Tim Cook and CFO Peter Oppenheimer discussed the program during a special conference call with analysts early Monday morning."</em></p><p><img height="225" src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/at/auto/1332171855.usr105634.jpg" style="margin-left: 197px; margin-right: 197px;" width="206" /></p><p>Apple has built up a cash surplus of $97 billion dollars from short term investments, so it really had to do something with all that money. Before the fiscal year ends this fall, Apple will start the $2.65 USD per share dividend, as well as a program to buy back roughly $10 billion in shares before the end of the calendar year. Good news for stockholders.</p>